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RiverNorth Specialty Finance Co. (NYSE:RSF) Announces Monthly Dividend of $0.17

kopsource ·  Jul 13, 2022 09:52

RiverNorth Specialty Finance Co. (NYSE:RSF – Get Rating) announced a monthly dividend on Wednesday, July 6th, investing.com reports. Stockholders of record on Friday, July 15th will be given a dividend of 0.1662 per share on Friday, July 29th. This represents a $1.99 dividend on an annualized basis and a dividend yield of 11.02%. The ex-dividend date of this dividend is Thursday, July 14th. This is a boost from RiverNorth Specialty Finance's previous monthly dividend of $0.17.

RiverNorth Specialty Finance stock opened at $18.11 on Wednesday. The business has a 50-day simple moving average of $18.14. RiverNorth Specialty Finance has a twelve month low of $16.98 and a twelve month high of $20.04.

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An institutional investor recently raised its position in RiverNorth Specialty Finance stock. Raymond James & Associates boosted its position in shares of RiverNorth Specialty Finance Co. (NYSE:RSF – Get Rating) by 13.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,885 shares of the company's stock after purchasing an additional 5,000 shares during the period. Raymond James & Associates' holdings in RiverNorth Specialty Finance were worth $832,000 as of its most recent SEC filing.

RiverNorth Specialty Finance Company Profile (Get Rating)

RiverNorth Specialty Finance Corporation's ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

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